Advanced acquisition talks are happening now in Atlanta according to this Blog: “ Asleep At The Wheel_Windstream $WINMQ CEO To Confirm Advanced Acquisition Talks Happening Now In Atlanta “ https://stockratings.blogspot.com/2019/03/asleep-at-wheelwindstream-winmq-ceo-to.html Even if the above is incorrect it does make a lot of sense that the Creditors would want an acquisition by a Company with a high cash flow. Simply exchanging Debt for new Common Stock is not going to correct why WIN entered Chapter 11 in the first place - $ 6 M in cash.